Radioactive waste specialists plan major expansion

Herald Series: The Culham Science Centre The Culham Science Centre

A SPECIALIST engineering firm is set to almost double in size after it announced a major investment programme.

Croft Associates, which specialises in the design, development and licensing of containers used for transporting radioactive waste materials, is creating 20 new jobs and expanding its premises based at the Culham Science Centre.

Chief executive Clive Beattie said: “We are in an exciting period of transition and growth.

“Over the last couple of years we have made significant investment in research and development to pursue new market opportunities.

“This financing will help us deliver our new container designs which are a cost efficient solution to the huge problem of long term nuclear waste storage in the UK.”

In recent years Croft, which currently employs 24 staff, has developed shielded container designs for the long-term storage of nuclear intermediate level waste material.

It will transform Croft into a significant supplier to both Sellafield and Magnox.

The company has secured an undisclosed amount of funding through its bank, Santander.

Darren Hart, head of growth capital at Santander UK, said: “Croft Associates has an excellent market position and successful client relationships which have been cultivated over 30 years and will continue to grow. Innovation is the key to the business and our investment will ensure that Croft remains ahead of its UK and global competitors.”

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3:07pm Thu 10 Apr 14

The New Private Eye says...

Great news, and can't we use new technology to turn Didcot into a Nuclear Power Station. Cheap electric and masses of new jobs
Great news, and can't we use new technology to turn Didcot into a Nuclear Power Station. Cheap electric and masses of new jobs The New Private Eye
  • Score: -3

4:07pm Thu 10 Apr 14

Chris Henderson says...

1 Nuclear power is not cheap once waste management and de-commissioning cost are taken into account.
2 Nuclear power stations have to be situated near the coast or a large lake so large quantities of water are available.
PS please no quips about putting one on the Abingdon Rd
1 Nuclear power is not cheap once waste management and de-commissioning cost are taken into account. 2 Nuclear power stations have to be situated near the coast or a large lake so large quantities of water are available. PS please no quips about putting one on the Abingdon Rd Chris Henderson
  • Score: 0

9:57am Fri 11 Apr 14

EMBOX2 says...

Indeed Chris, funny how when Hinckley Point C was announced, they failed to mention who will pay for the decommission & clean up when it shuts. Oh, that'll be the taxpayer then. Pass the buck to future generations, how typical.

They are, however, the only way we're going to build a "green" energy generation system to have baseload generation for when the wind doesn't blow.
Indeed Chris, funny how when Hinckley Point C was announced, they failed to mention who will pay for the decommission & clean up when it shuts. Oh, that'll be the taxpayer then. Pass the buck to future generations, how typical. They are, however, the only way we're going to build a "green" energy generation system to have baseload generation for when the wind doesn't blow. EMBOX2
  • Score: 1

10:20am Fri 11 Apr 14

## Nonny Mouse ## says...

Bear in mind that stations being decommissioned today were 1st generation systems that were built 50 years ago. Alot of lessons will have been learnt in 50yrs, they claim that the new reactors will produce 90% less contaminated waste than the previous lot.

And yes, they seem to be the only option now to feed our growing thirst for 'leccy. Shame it's all too little too late. Enjoy the impending blackouts, there will be blood in the streets when people realise they can't charge their iPhone's willy-nilly.
Bear in mind that stations being decommissioned today were 1st generation systems that were built 50 years ago. Alot of lessons will have been learnt in 50yrs, they claim that the new reactors will produce 90% less contaminated waste than the previous lot. And yes, they seem to be the only option now to feed our growing thirst for 'leccy. Shame it's all too little too late. Enjoy the impending blackouts, there will be blood in the streets when people realise they can't charge their iPhone's willy-nilly. ## Nonny Mouse ##
  • Score: 1

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